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GlobalData
GlobalData

Medical Devices

Rechargeable sacral nerve stimulators market in Australia to grow at 3% CAGR through 2033, forecasts GlobalData

Driven by aging population, increasing incidence of neurological disorders, and growing number of cases with urinary incontinence, the rechargeable sacral nerve stimulators (SNS) market in Australia is expected to grow at a compound annual growth rate (CAGR) of 3% through 2033, forecasts GlobalData, a leading data, and analytics company. GlobalData’s report, “Neuromodulation Devices Market Size […]
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Global partnerships to foster Singapore Project RESET against cardiovascular diseases, says GlobalData

Given the rising prevalence of cardiovascular diseases (CVDs) among Singapore’s aging population, the National University of Singapore (NUS) Medicine has taken proactive steps with initiatives such as MOMENTUM-CVD and Project RESET to develop preventive measures. International collaborations are expected to strengthen these efforts, considerably advancing cardiovascular research in the country, says GlobalData, a leading data […]
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Adaptive deep brain stimulation holds potential to transform Parkinson’s disease treatment, says GlobalData

Two recent UC San Francisco studies have shown that adaptive deep brain stimulation (aDBS) offers personalized, 24/7 care for Parkinson’s disease through an implanted device. Unlike regular DBS, which delivers constant pulses, aDBS uses AI to monitor brain activity and adjust treatment based on symptom fluctuations. This marks a major advancement in the management of […]
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Innovative AI partnerships redefine healthcare delivery, says GlobalData

As artificial intelligence (AI) continues to progress, it is increasingly becoming a key element of modern healthcare systems, enabling clinicians to offer more personalized care while alleviating the pressure on overworked healthcare staff. Recent collaborations and initiatives in the industry showcase how AI is being integrated into both clinical and administrative processes. From enhancing bedside […]
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Australia digital health market to grow at 8% CAGR through 2033, forecasts GlobalData

Australia’s healthcare sector is facing rising demand for digital health solutions, driven by an aging population burdened with an array of chronic and mental health disorders. This surge in healthcare needs has made digital platforms, such as telehealth and remote monitoring, essential to provide more efficient and accessible care for improved overall patient outcomes. Against […]
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India orthopedic devices market to grow at 5% CAGR through 2033, forecasts GlobalData

India faces a significant burden from increasing cases of orthopedic disorders due to an aging population, rising obesity rates, and high incidences of road accidents. This combination significantly elevates the demand for orthopedic devices, with joint replacements being particularly in demand. Against this backdrop, India’s orthopedic devices market is set to grow at a compound […]
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PCR systems market in Japan to grow at 5% CAGR through 2033, forecasts GlobalData

Antimicrobial resistance (AMR) is a serious health problem globally, including in Japan, imposing a severe clinical and economic burden on both patients and the society. Polymerase chain reaction (PCR) systems, which offer great sensitivity and specificity in detecting resistance genes and infections across a variety of settings, have become indispensable instruments in the fight against […]
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Medtronic to challenge Boston Scientific dominance in ICD market with Aurora EV-ICD, says GlobalData

Cardiac implantable electronic devices have been a cornerstone in the management of arrhythmias for decades, but recent advancements are poised to reshape the landscape of cardiac care. Among these innovations is the extravascular implantable cardioverter defibrillator (EV-ICD), a revolutionary technology that Medtronic has pioneered with its Aurora EV-ICD system. With its advanced capabilities and minimally […]
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Mpox virus testing to drive South Korea PCR systems market at 5% CAGR through 2033, forecasts GlobalData

Amid the escalating Mpox outbreak and the World Health Organization’s declaration of a public health emergency, South Korea-based Seegene has recently launched specialized research-use polymerase chain reaction (PCR) test assays. Given the synergy between assay development and PCR system advancements, the South Korean PCR systems market is expected to grow at a compound annual growth […]
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Knee replacement innovations to reshape competitive landscape of orthopedic market, says GlobalData

The knee replacement market is currently experiencing a significant transformation, driven by innovative technologies and materials. Key innovations such as the application of nanotechnology in orthopedic implants, the increasing use of kinematic alignment (KA), robotic surgery and artificial intelligence (AI) in knee replacement procedures are at the forefront of this evolution. These innovations are not […]
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FDA clearance for Otsuka’s Rejoyn app highlights rapid expansion of regulated mHealth app market, says GlobalData

The COVID-19 pandemic has dramatically accelerated the development and integration of digital health technologies, including artificial intelligence (AI) and machine learning (ML) into the medical industry. For instance, Otsuka’s Rejoyn is a prescription-only app-based treatment that is designed to complement traditional medications for major depressive disorder. This digital therapeutic received 510(k) clearance from the FDA […]
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Microbot’s Liberty robotic system holds potential to transform remote telesurgery landscape, says GlobalData

Microbot Medical recently announced the advancement of its Liberty Robotic System to the next phase of remote telesurgery evaluation to ensure its safety and efficacy in a clinical setting. The company has completed the second round of pre-clinical testing with positive results, demonstrating the system’s potential to enable surgeons to perform procedures from remote locations […]
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GlobalData highlights rapid expansion and innovation in digital health technologies for sleep apnea

Inspire Medical Systems recently secured FDA approval for its Inspire V therapy system, a therapy system for obstructive sleep apnea treatment. This achievement highlights the increasing integration of advanced technology in the management of neurological disorders, fitting into the broader industry shift towards precision medicine, as reflected in the FDA’s recent push for innovative solutions […]
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FDA approval for ExcelsiusFlex platform highlights transformative potential of robotic-assisted technologies in orthopedics, says GlobalData

Globus Medical received 510(k) clearance from the US Food and Drug Administration (FDA) for its ExcelsiusFlex robotic navigation platform with Total Knee Arthroplasty application and the ACTIFY 3D Total Knee System in July this year. The FDA’s clearance for ExcelsiusFlex and ACTIFY 3D Total Knee Systems marks a significant milestone in orthopedic surgery. These systems […]
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